With regard to stock index futures, the market has been talking about it for a long time. Combined with the recent market trend, we will also clearly feel that the pace of futures index launch is getting closer and closer to us.
An outstanding performance of the recent market is that on the one hand, institutional investors continue their value investment journey. They continue to be bullish on stocks in the three major industries of finance, scarce resources (including non-ferrous metals) and real estate. At the same time, through the third quarter reports of listed companies, we can see that institutional investors are still in a historic heavy position, They did not lose weight and flee in the market shock as some people feared or described. The heavy institutional position in the blue chip market is also the main reason why the market has been relatively stable in the near future.
If we call the market before "5.30" as the market of low price theme stocks and the market since "5.30" as the market of value blue chips, then I think that after the recent shock and reshuffle of the market, the next stage of the market will enter the index era - a more determined concentration of funds on the market blue chips, driving the index up, However, the stock price differentiation in the day was more intense, and the profit and loss split of investors in the bull market changed to a prominent market stage.
For the vast majority of individual investors, in the bull market, we do not make money, or even lose money. Even if we lose money, it will not affect the continued rise of the market index. This feeling is very uncomfortable.
Of course, this is only Ye Hong's personal judgment on the future market trend. Everything depends on the development of the market itself. (Ye Hong)
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
